look4edge
Short

DAX - Why refusing breakout?

FX:GER30   The DAX Index
406 0 19
Last time i used this resistance (blue) was 2015 as i expected dax             breakout and fireworks.

Now the same trendline could be the answer WHY is dax             not breaking up along with US equities.

There is also yearly pivot 10k8 there, completed M topping pattern and red descending channel .

Alltogether maybe too much to break.
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